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BLAW | BUSINESS LAWS | UNIT-2 EXPLANATION | SEM-2 | OSMANIA UNIVERSITY | PASS ‎⁨@shivanipallela⁩

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3,662 views0likes16:49shivanipallelaOriginal Release: 2026-07-22

This video explains two fundamental concepts in business law: (1) Under the Sale of Goods Act 1930, conditions are essential contract terms whose breach allows buyers to reject goods and cancel the contract, while warranties are secondary terms whose breach only allows claiming damages; (2) The Consumer Protection Act 2019 protects consumers through six key rights (safety, information, choice, to be heard, seek redress, and consumer education), establishes the Central Consumer Protection Authority (CCPA) for enforcement, provides product liability provisions, and creates a three-tier dispute resolution system (District, State, and National Commissions) to ensure fair consumer transactions.